THE FUTURE WITHOUT A ROAD MAP

AS A TRADE WAR WITH THE U.S. SIMMERS, CHINA INTENSIFIES ITS DEBATE ABOUT THE POST-DENG ERA

If this is war, the U.S. is doing a lot of business with the enemy. As threats of sanctions and reprisals still echo across the Pacific, Washington is striving to keep the battle over China's theft of intellectual property from further denting the two nations' trade relationship, now worth about $47 billion. One clear signal is Secretary of Energy Hazel O'Leary's plan to fly to Beijing next week with a delegation of American businessmen who expect to sign deals worth as much as $8 billion. Another is the U.S.'s decision to go ahead with the sale of a million tons of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!